Track 14
Regulated Pricing & Utilities
Welfare-maximizing pricing under regulatory constraints: peak-load pricing, the Ramsey rule, entry deterrence, and dynamic oligopoly games.
Power Grid Operator
Explore the Boiteux-Steiner model of peak-load pricing, where off-peak users pay only operating costs while peak users bear capacity charges, and the Ramsey rule for welfare-maximizing markups under a break-even constraint.
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Power Grid Operator
Peak-load pricing and the Ramsey rule
Explore the Boiteux-Steiner model of peak-load pricing, where off-peak users pay only operating costs while peak users bear capacity charges, and the Ramsey rule for welfare-maximizing markups under a break-even constraint.
Competing Over Time
Entry, limit pricing, and Markov equilibrium
Model how firms make joint pricing and investment decisions in dynamic oligopolies, and explore entry deterrence, limit pricing, and Markov Perfect Equilibrium.